Earlier this month, it sold 6 percent stake in MCX in two rounds for about Rs 220 crore, bringing down its shareholding to 20 percent.

After an agreement with Kotak Mahindra Bank to sell 15 percent stake, FTIL is left with 5 percent stake in MCX.

FTIL is divesting its 26 percent stake in MCX after market regulator FMC had declared FTIL unfit to run any exchange in the wake of Rs 5,600 crore payment crisis at group company National Spot Exchange Ltd (NSEL). -- PTI